China shipyard chief arrested

MAY 27, 2014 — Gu Tiquan, the head of Shanghai’s Hudong-Zhonghua Shipyard has been arrested. He was handed over to judicial authorities by the Shanghai Communist discipline inspection commission which said he

Blessey Marine adds new pushboat

MAY 26, 2014—Blessey Marine Services, Inc. transports everything from residual fuels to asphalt to lubricating oils to petrochemicals on its inland river fleet of tank barges. Blessey Marine’s fleet includes nine acid

Eastern Shipbuilding delivers another PSV for Boldini

MAY 24, 2014—One of the leading shipbuilders of offshore support vessels in the world, Eastern Shipbuilding Group, Inc., Panama City, FL, recently delivered the M/V Bravante VII, the third in a series

Island Offshore back at Vard

MAY 23, 2014 — Vard Holdings Limited reports that it has secured a new contract with Island Offshore for the construction of one offshore support vessel of Rolls-Royce design. The value of

ASD tug to have Cat power and propulsion

MAY 23, 2014— A new 55-tonne Azimuth Stern Drive (ASD) tug that will be built for Spain’s Remolcadores Marracoi SL (REMARSL) will incorporate Caterpillar power and propulsion solutions, according to Caterpillar Marine.

STX Finland shipyards delivers upscale German cruise ship

MAY 22, 2014—STX Finland Oy’s Turku Shipyard recently delivered the 99,500 gt cruise ship Mein Schiff 3 TUI Cruises for operation in the German premium-class cruise market. Mein Schiff 3 will begin

Damen Shipyards Bergum sees market revival ahead

MAY 22, 2014 — The shipbuiders at Damen Shipyard Bergum in the Dutch province of Friesland are not sitting on their laurels after the recent deliveries and christenings of two Damen Combi

Vigor, Oregon Iron Works ink merger deal

MAY 22, 2014—Already a major regional shipbuilding, repair and fabrication powerhouse in the Pacific Northwest, Vigor Industrial will expand its operations with the recent acquisition of Oregon Iron Works, Portland, OR. Under

CIT Maritime does its first bareboat charter financing

MAY 21, 2014 — CIT Group Inc. (NYSE: CIT) says that CIT Maritime Finance, with the assistance of RS Platou Finans, has completed a $49 million financing through a bareboat charter arrangement

Hercules wins Maersk contract, orders jack-up

MAY 21, 2014 — Hercules Offshore has signed of a five-year contract with Maersk Oil in the U.K. sector of the North Sea on a newbuild harsh environment jack-up. Cowan & Company

LOAD MORE